Coronavirus

HAI

HAI has cancelled HELI-EXPO 2021, which was scheduled for late March in New Orleans, due to COVID-19 pandemic.
Aerospace

UNITED AIRLINES reported net losses of $1.9b in 4Q20 (vs $641m profit in 4Q19) on 68.7% lower revenues, and $7.1b in 2020 (vs $3b profit in 2019) on
Air Transport

DE HAVILLAND CANADA says it is investigating future production options, including a pause, after 2023 due to shrinking Dash 8-400 backlog (said to be
Aerospace

IATA predicts 2020 and 2021 will be a little short of a disaster for European air transport; >7m jobs have been lost or are at imminent risk due to
Air Transport

By Helen Massy-Beresford
Over a year since the first COVID-19 cases were reported, airlines devastated by the pandemic are starting to see light at the end of the tunnel now that the rollout of long-awaited vaccines has begun.
Airlines & Lessors

By Kurt Hofmann
LOT Polish Airlines has reached an agreement with its trade unions to reduce its headcount by up to 300 to improve efficiencies as it seeks to honor the conditions of state aid.
Airlines & Lessors

By David Casey
KLM is reviewing its long-haul routes from the Netherlands and may suspend them from Jan. 22 following the introduction of tougher measures in the country designed to stop the spread of COVID-19.
Airports & Networks

By Molly McMillin
Organizers of the annual Aero Friedrichshafen international general aviation show have postponed the event in Friedrichshafen, Germany, until July 14-17.
Aircraft & Propulsion

By Chen Chuanren
Seoul's Incheon International Airport (ICN) became Asia’s busiest international airport in 2020 in terms of passenger volume, dethroning Hong Kong (HKG).
Airports & Networks

By Molly McMillin
Heli-Expo 2021 organizers have canceled the March trade show in New Orleans after many exhibitors and attendees decided to withdraw in the midst of the COVID-19 pandemic, Helicopter Association International organizers announced Jan. 20.
Aircraft & Propulsion

AIR LEASE CORPORATION priced public offering of $750m in 0.7% senior unsecured medium-term notes due Feb 2024.
Air Transport

IAG

IAG announced reduction of purchase price to acquire AIR EUROPA from €1b to €500m with payment deferred for six years.
Air Transport

US DOT says US domestic air fares averaged $245 in 3Q20, down 30% from $349 in 3Q19 and 6.7% from $262 in 2Q20.
Air Transport

By Adrian Schofield
Two Southeast Asian flag-carriers are moving closer to completing major restructuring efforts that will help them reduce debt commitments and operate efficiently once demand returns.
Airlines & Lessors

Guy Ferneyhough
International Airlines Group (IAG) has negotiated a lower price for Air Europa as it presses ahead with the strategic acquisition of the Spanish carrier despite the COVID-19 crisis.
Airlines & Lessors

By Chen Chuanren
Singapore Airlines (SIA) is trialing a new function in its digital travel portal that will allow passengers to book COVID-19 tests and receive results on one platform.
Airlines & Lessors

By Chen Chuanren
LCC Thai AirAsia will reportedly put 75% of its staff on no-pay-leave from February as it resizes the company to meet current passenger demand.
Airlines & Lessors

By Jens Flottau, Guy Norris, Sean Broderick
Airbus expected to raise single-aisle production rates late 2021; Boeing resumes MAX deliveries. Concerns over widebody demand persist.
Aircraft & Propulsion

By David Casey
The FAA has extended slot relief at seven major U.S. airports for the entire summer 2021 season to help airlines cope with the “dramatic and extraordinary” impact of the COVID-19 pandemic.
Airports & Networks

By Aaron Karp
American Airlines has become the first U.S. airline to roll out a “health passport” app for inbound international travelers from all destinations it serves, a move the airline believes will help it support international flying as the COVID-19 crisis continues.
Airlines & Lessors

By Lori Ranson
IATA believes new testing requirements required by the U.S. Centers for Disease Control (CDC) are a positive development as the industry continues its
Airlines & Lessors

By Thierry Dubois
Olivier Andries has to helm the super-Tier 1 manufacturer as it navigates a still-turbulent environment while longer term Safran will have to offer new concepts to decarbonize commercial aviation.
Aircraft & Propulsion

By Alan Dron
UAE carriers Emirates Airline and Etihad Airways will become two of the first airlines globally to trial the IATA Travel Pass, which aims to help passengers navigate changing government requirements for traveling during the ongoing COVID-19 pandemic.
Airlines & Lessors

ICAO reports international pax traffic fell 60% to 1.8b pax in 2020 (vs 4.5b in 2019), bringing air travel back to 2003 levels; numbers also point to
Air Transport

FRANKFURT AIRPORT handled 18.8m pax in 2020, down 73.4% from record 70.5m in 2019; cargo dropped 8.5% and aircraft movements fell 58.7%.
Air Transport